Japan Power Rental Market to be Worth $263.8 Million by 2029, Diesel Power Rental to Witness Largest Revenue Share - Arizton

CHICAGO, May 17, 2023 /PRNewswire/ -- According to Arizton's latest research report, the Japan power rental market will grow at a CAGR of 3.59% during 2022-2029.

To Know More, Download the Free Sample Report: https://www.arizton.com/request-sample/3844

Significant opportunities in the Japan power rental market include the market growth supported by decarbonization & energy security strategies and renting equipment backed by a spike in energy prices & shutdown of old power plants. In 2022, the Japan power rental market by diesel accounted for the largest revenue share of around 76.4%. The growth of this segment is attributable to the fact that diesel-powered power equipment is sturdier and more reliable and has a high consumption rate.

Japan Power Rental Market Report Scope

Report Attributes	Details
Market Size (2029)	USD 263.8 Million
Market Size (2022)	USD 206.1 Million
CAGR (2022-2029)	3.59 %
Historic Year	2020-2021
Base Year	2022
Forecast Year	2023-2029
Market Segmentation	Fuel, Power Rating, Equipment, End-User, and Application
End-Users	Construction, Retail, Oil & Gas, Mining, Events, Utilities, IT & Data Center, Manufacturing, and Others
Market Dynamics	Disruptions Due to Calamities Will Propel the Demand for Power Rental Equipment  Major Natural Disasters in Japan  Power Shortages in Japan Drive the Need for Rental Power Generation Equipment